Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. If you’re lending someone a ...

A promissory note is a mortgage document promising to pay back a lender under certain terms. The note includes information such as how much you're borrowing and the mortgage interest rate.

Promissory notes fall into the latter category, Bain says, and are frequently used by new founders to raise money from friends and family members. “Oftentimes it comes down to the fact that the ...

When you buy a home, you'll have to read and sign a lot of documents. An important one is the promissory note, which explains ...